6/20/2008
SIMON SCHOOL RANKS IN TOP 20
New Survey Ranks Simon 17th Among Nation's Top 50 Business Schools
Rochester, N.Y.-June 20, 2008-The Simon Graduate School of Business at
the University of Rochester is ranked 17th among the top 50 business
schools in the nation according to a new survey by Vanderbilt
University economist Mike Shor. In his "Ranking of Business Schools by
Efficacy," Shor employs a new approach using data from the U.S. News
& World Report ranking of the nation's top 50 business schools,
published in its April 7, 2008 issue (Simon ranked 25th in the U.S.
News ranking.) Shor assessed data on inputs (grade-point averages and
GMAT scores) and outputs (average starting salaries), then compared
salaries to the "predicted" salary based on GMAT scores and college
grades. The top 50 are ranked in order by salary gains that the school
appears to provide. "We are pleased to be ranked among the nation's top
20 business schools in this most recent survey," says Simon School Dean
Mark Zupan. "This ranking, and others of recent note, further confirms
our strategic plan to build upon our top-tier level of excellence.
Simon's analytic, economics-based scholarship and teaching, coupled
with our world-class faculty and highly personalized approach to
management education and research, has consistently placed us among the
premier business schools in the world."
Cornell University's Johnson School of Management is ranked first in
the survey, followed by Indiana University's Kelley School of Business
and the University of Virginia's Darden School of Business rounding out
the top three. "Rankings of business schools generally fail to evaluate
the inherent quality of an institution, instead ranking the people who
choose to attend it," says Shor. "Traditional rankings fail to tell a
given student with a given skill set which schools are most likely to
increase his market value. That's the goal of these rankings." For more
information on the ranking, visit Shor's online blog,
http://www.dis-equilibrium.com/2008/05/where-i-take-turn-at-ranking-busi
ness.html.
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The
Simon School prides itself as the place Where Thinkers Become
Leaders(tm) and is currently ranked among the leading graduate business
schools in the world in rankings published by the popular press,
including BusinessWeek, U.S. News & World Report, The Wall Street
Journal, Financial Times and Forbes. For example, the Financial Times
recently rated the School 3rd in the world for finance, 4th in the
world for both managerial economics and accounting and 8th in the world
for statistics. More information about the Simon School is available on
the World Wide Web at www.simon.rochester.edu.
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